Luckin Coffee Balance Sheet Health
Financial Health criteria checks 6/6
Luckin Coffee has a total shareholder equity of CN¥12.0B and total debt of CN¥300.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥22.1B and CN¥10.1B respectively. Luckin Coffee's EBIT is CN¥2.6B making its interest coverage ratio -30.6. It has cash and short-term investments of CN¥4.6B.
Key information
2.5%
Debt to equity ratio
CN¥300.00m
Debt
| Interest coverage ratio | -30.6x |
| Cash | CN¥4.56b |
| Equity | CN¥12.01b |
| Total liabilities | CN¥10.08b |
| Total assets | CN¥22.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A6U's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 0A6U's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 0A6U has more cash than its total debt.
Reducing Debt: 0A6U's debt to equity ratio has reduced from 3.7% to 2.5% over the past 5 years.
Debt Coverage: 0A6U's debt is well covered by operating cash flow (558.1%).
Interest Coverage: 0A6U earns more interest than it pays, so coverage of interest payments is not a concern.